Investing in the Future: Changes in IFG Advisory, LLC's Q4 2022 vs. Q1 2023 13F Holdings

IFG Advisory, LLC's latest 13F filings suggest that the company has been busy reshaping its portfolio to reflect changing market trends. The investment advisor has made several changes to its holdings, selling off some positions while acquiring others. This article will examine IFG Advisory's Q4 2022 vs. Q1 2023 13F holdings, highlighting the notable changes, analyzing the moves, and examining what they mean for the company's future prospects.

The biggest holdings held constant in the portfolio are ISHARES IBONDS (IBTD), SPDR S&P (SPY), FIRST TRUST (FTCS), PROSHARES TRUST (NOBL), and FIRST TRUST (FVD), with only slight variations between Q4 2022 and Q1 2023. The biggest holding of the company, ISHARES IBONDS, increased its share by 1.3% to 1,410,981 shares valued at $35,006,000.00 in Q1 2023. On the other hand, SPDR S&P, a popular ETF and IFG Advisory's second-biggest holding, increased its value by 11% to $32,151,000.00.

In contrast, First Trust (FTCS) decreased in value by 2%, with the firm trading $31,080,000.00 in Q1 2023 down from $31,717,000.00 in Q4 2022. The company's other holdings, such as INVESCO QQQ (QQQ), MICROSOFT CORP (MSFT), and NVIDIA CORP (NVDA), have all undergone significant restructuring, with a changing number of shares sold and acquired within the same timeframe.

One of the most notable moves of IFG Advisory, LLC during the Q4 2022 vs. Q1 2023 13F Holdings was its increased investment in Seagen Inc (SGEN). In Q1 2023, the company acquired 24,175 shares to make its total holding 34,270 shares. The value held in the company also rose significantly by 451.6%, from $1,258,000.00 in Q4 2022 to $6,938,000.00 in Q1 2023.

Another significant change was the reduction in ISHARES MSCI Momentum (MTUM) shares held, with IFG Advisory, LLC selling 12,879 shares to reduce its total holding to 51,498 shares in Q1 2023 from 64,377 shares held in Q4 2022. The sale also saw the value of the firm's stake in the technology company drop by 23.8%, in Q1 2023 to $7,160,000.00.

The filings also show that IFG Advisory, LLC has been active in increasing the number of shares held in JPMorgan Chase & Co (JPM), with the firm increasing its stake by 11% to 26,323 shares. This rise in shareholding directly correlates with the increase in the company's value, which rose by 7.9% to $3,430,000.00 between Q4 2022 and Q1 2023.

In conclusion, the changes in IFG Advisory, LLC's Q4 2022 vs. Q1 2023 13F holdings demonstrate the company's strategic business decisions to value companies based on their market prospects. The company has notably reshaped its portfolio to reflect the changing market trends, with selective additions and decumulation resulting in the spot price changes of the holdings. The decision to invest more in JPMorgan Chase & Co, for instance, suggests that the firm is bullish on the financial sector, while the investment in Seagen Inc displays more confidence in the healthcare sector.